856 Marion Road

Marion SA 5043

A RARE INVESTMENT / BUSINESS OPPORTUNITY..
LATELY THERE HAS BEEN LOTS OF TALK WITH THE CURRENT FINANCIAL CLIMATE. MANY TALKS RECENTLY HAVE POINTED TO THE SAFETY OF INVESTING IN 'BRICKS AND MORTAR.' IF YOU ARE UNSURE ABOUT THE SHARE MARKET AND NOT CONFIDENT ABOUT THE USUAL RESIDENTIAL RETURNS NOT BEING ENOUGH TO COVER THE OUTLAY - THEN THIS HOME WILL CERTAINLY TAKE YOUR INTEREST. LOCATED JUST A SHORT DISTANCE FROM OF FLINDERS UNIVERSITY AND MARION SHOPPING CENTRE THIS PROPERTY HAS BEEN SET UP FOR INTERNATIONAL STUDENTS. CURRENTLY TENANTED BY ROOMING AGREEMENTS WITH COLLECTIVELY BRINGING $650/WEEK. THE PROPERTY IS SET UP WITH 6 BEDROOMS (3 SINGLE ROOMS AND 3 DOUBLE ROOMS), AND TWO LIVING AREAS. UPSTAIRS SET UP AS SEPARATE 'FLAT' BUT COULD BE FURTHER DIVIDED TO MAKE A SEVENTH AND/OR EIGHTH BEDROOM. THE DOWNSTAIRS LIVING AREAS PROVIDE PLENTY OF AREAS FOR STUDENTS TO HAVE THERE OWN SPACE AND STUDY. WITH A LARGE UNDERCOVER ENTERTAINING AREA INCLUDING AN 8 PERSON SPA. THIS AREA LINED WITH SILK PLANTS AND CONTINUES ALL THE WAY THROUGH, SURROUNDING THE HOME WHICH CREATE'S A PEACEFUL ENVIRONMENT FOR THE STUDENTS WITHOUT MAINTENANCE FOR YOU AS THE LANDLORD. THE HOUSE AND BEDROOMS ARE FITTED WITH INDIVIDUAL LOCKS WITH MASTER KEY SYSTEM IMPLEMENTED TO INCREASE SECURITY AND EASE OF USE. THE HOME IS WELL PRESENTED, APPEALING AND WITH THE LARGE LOW MAINTENANCE GARDEN THERE ARE MULTIPLE AREAS FOR STUDENTS TO SPEND TIME INCLUDING SPACE FOR UP TO 4-5 CAR PARKS. IF YOUR SUCCESSFUL IN SECURING THIS PROPERTY YOU COULD NEGOTIATE TO BUY WITH FURNITURE INCLUDED WITH YOUR OFFER AND STUDENT LEASES TO CONTINUE - WALK IN/WALK OUT- IF DESIRED - ALL THE HARD WORK HAS BEEN DONE! THE PROPERTY SITED ON SOME 700SQM OF LAND WITH A 20M FRONTAGE APPROX MAY ALSO BE FURTHER DIVIDED LATER FOR REDEVELOPMENT (STCC). AN OUTSTANDING OPPORTUNITY - ENQUIRE NOW FOR MORE DETAILS! RLA 2048 FOR MORE PHOTOS AND NAVIGATION, VISIT WWW.STUDENTMARION.TOOP.COM.AU -